Committee recommends initiatives to foster entrepreneurship 'the Princeton way'

Posted May 28, 2015; 09:55 a.m.

by Emily Aronson, Office of Communications

The Princeton Entrepreneurship Advisory Committee (PEAC) has issued a report recommending a broad set of initiatives to enhance entrepreneurship at the University in a way that builds on Princeton's commitments to liberal arts education, research and public service.

The report (.pdf) proposes immediate steps and longer-term plans to encourage and enable entrepreneurship activity on campus and among members of the University community. The recommendations include: creating an entrepreneurship council; providing more space for entrepreneurial activities and programs; establishing an academic undergraduate certificate program; and cultivating the University's entrepreneurial ecosystem.

In their response to the report (.pdf), President Christopher L. Eisgruber and Provost David S. Lee said the committee outlined a broad vision that builds on Princeton's distinctive strengths and amplifies the core University missions of teaching and research. Eisgruber and Lee said some proposals would be implemented now, while others will receive continuing consideration as part of the University's overall strategic planning process. Read more.